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Its time to create a S-Corp.

By
Real Estate Agent with eXp Realty of California Inc. DRE #01723599

Now that I have a few years under my belt as a real estate agent, I believe its in my best interest to create a S-Corp. Especially now that the tax laws are not in my favor.

 

It may not be for everyone, but looking at all the benefits its the right thing to do.

 

And placing the properties in a LLC...

 

Does anyone have any tips or suggestions?

 

I'd like your opinion...

 

Thank you!

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Bryan Cerny
Rose & Womble Realty - Chesapeake, VA

Definitely go to the S-corp...liabitlity benefits, tax benefits.  But be sure to play by the rules...no use getting auditted for pushing the limits.  A great accountant is so helpful!!

Mar 08, 2011 09:05 AM
Jeffrey deJESUS
eXp Realty of California Inc. - Daly City, CA
RealtorĀ®

Thank you Mr. Cerny!

 

Mar 08, 2011 11:06 AM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Make sure that you play by the rules...

Good luck.

Mar 09, 2011 05:11 AM